Techmeme
November 4, 2022, 7:50 PM

Top News

Wall Street Journal:
Elon Musk says Twitter suffered “a massive drop in revenue” due to activist groups pressuring advertisers, despite doing “everything” to “appease the activists”  —  Chief of social-media company cites activist groups pressuring advertisers, as many staffers brace to lose jobs
The Verge:
Sources: Twitter teams hit hardest by the layoffs span product trust and safety, policy, and fighting election misinformation ahead of next week's US midterms  —  About half of Twitter's 7,500 employees are now gone, with teams focused on trust and safety issues hit the hardest.
Josh Eidelson / Bloomberg:
Twitter workers file a class action lawsuit against the company in San Francisco for executing mass layoffs without at least 60 days notice, per the WARN Act  —  The lawyer who sued Twitter Inc. “pre-emptively” on the eve of mass layoffs by Elon Musk said she's “pleased” …
Reed Albergotti / Semafor:
A profile of Twitter Head of Safety & Integrity Yoel Roth, who joined in 2015 and is one of few executives to gain Elon Musk's public support after the takeover  —  Reed is Semafor's Technology Editor, joining us from the Washington Post.  Louise is a Technology Reporter for Semafor, joining us from NBC News.
J.D. Capelouto / Semafor:
A Birdwatch note adding context to Elon Musk's tweet about Twitter's revenue drop is gone; Musk called the community notes feature “awesome” earlier this week  —  Sign up for Semafor Tech, led by Reed Albergotti, to get our scoops and coverage of the industry's biggest stories in your inbox twice a week.
Faiz Siddiqui / Washington Post:
More: Wired, The Guardian, New York Times, Wall Street Journal, The Verge, Reuters, CNN, Insider, TechCrunch, Axios, Bloomberg, Insider, TYT Network, Collective Action in Tech, New York Times, VICE, BBC, Wired, Gizmodo, Forbes, Los Angeles Times, NBC News, Mashable, New York Post, The Irish Times, Deadline, Fortune, MobileSyrup, Barron's Online, Neowin, TheGamer, Android Central, Marketing Dive, Ars Technica, The Guardian, ComputerWeekly.com, BuzzFeed News, The Hollywood Reporter, IGN, Insider, Slate, fpt., iPhone in Canada Blog, and The Information
Bloomberg:
Sources: Apple is building a live TV ad network and talking to ad partners as part of its deal to stream Major League Soccer games starting in February 2023  —  Apple Inc. is building an advertising network for live television as part of its deal to stream Major League Soccer games next year …
Alex Barinka / Bloomberg:
Instagram head Adam Mosseri talks about balancing the urgency to make Reels drive revenue for Meta and not making “any mistakes by pushing too hard or too fast”  —  As Meta Platforms Inc. pursues an expensive, unproven metaverse strategy, success will depend in part on whether Instagram can pay the bills.
Jay Peters / The Verge:
Filing: Apple settles lawsuit against an ex-employee accused of stealing trade secrets and sharing them with the media; he will pay an undisclosed sum to Apple  —  Apple has settled its lawsuit against Simon Lancaster, a former design architect, who the company accused of stealing trade secrets and sharing them with a journalist.
New York Times:
Sources: Elon Musk weighs adding paid DMs to let users privately message “Very Important Tweeters”; docs show Twitter Blue checks won't require ID verification  —  The billionaire and his advisers have discussed adding paid direct messages, fees to watch videos and other features to the service.
Reuters:
Casey Newton / Platformer:

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